Pacific Auction Exchange Draws Huge Crowd to Campbell Home

Published 31 months ago

NBC’s Bay Area Channel 11 KNTV reports as Pacific Auction Exchange (PAX) sold 1279 Patio Dr. in Campbell in front of a crowd of 300+. The 3 bedroom home sold at auction in under 10 minutes for $946,000. 350+ perspective buyers ordered Bidder’s... more

NBC’s Bay Area Channel 11 KNTV reports as Pacific Auction Exchange (PAX) sold 1279 Patio Dr. in Campbell in front of a crowd of 300+. The 3 bedroom home sold at auction in under 10 minutes for $946,000. 350+ perspective buyers ordered Bidder’s Packets prior to the auction, many returned with the $25,000 cashier’s check required to bid. “Given today’s turn out, and the nearly 600 people who attend our two open houses, it’s clear that the Bay Area is very excited about buying and selling homes at auction,” said Michael Hynes of Pacific Auction Exchange. Auctions enable the Buyer to get the house that they want, when they want it, without the tedious negotiation process; and because auctions attract large numbers of highly qualified Buyers, the Seller is able to sell their property in 30 days. Pacific Auction Exchange is the only Real Estate Auction Franchise Company in the country. For information about PAX franchise opportunities or auction services, e-mail at mike@paxinc.com. less

Tags: pacific auction exchange pax real estate auctions campbell patio drive nbc kntv channel 11 news bay area news susan siravo bid winning bidder sold